JRB

All Aboard the Gold Train as Recognition Move Approaches

Since early 2009 we've written about the super-bullish long-term cup and handle pattern in Gold. It dates back to 1980 and has a logarithmic target of about $2,100. We noted that previous cup and handle […]

When Will Gold Make its Next Big Move?

In recent commentaries, we've focused on the macro factors that will drive acceleration in the precious metals sector. Namely, the gradual exodus from both government and corporate bonds as authorities are forced to monetize debts […]

A Deflationary Impulse Would be a Catalyst for Gold Stocks

While Gold is a hedge for inflation and deflation, that doesn't mean that gold stocks are a hedge or outperformer in either environment. As we wrote last year, gold stocks tend to perform better when […]

Gold Sector Sentiment Update

Over the last few weeks we've been writing about potential macroeconomic developments, which will drive Gold in the near term and in the years ahead. We thought we'd take a break from that and focus […]

The Next Phase of the Credit Crunch and What it Means for Gold and Markets

Lately we've been writing about the importance of the bond market. Want a hint if we will have hyperinflation? Follow the bond market. Japan and the US in the 1930s didn't have hyperinflation because there […]

Watch the Bond Market, not Bank Lending or Velocity

A few weeks ago we wrote about the true cause of hyperinflation, which is a major break or failure in the bond market. It has nothing to do with demand, bank lending or the velocity […]